Limpho wins a lottery of 1 000000she decides to buy herself


Limpho wins a lottery of $1 000,000,she decides to buy herself a new Range Rover for $850,000 and takes it to church for the pastor to pray for it and promised the pastor a donation of $ 20,000.In two weeks the vehicle is stolen at the mall while she is shopping.She advertised in the local newspaper that she would reward anybody who has information about her vehicle $ 20,000 for it to be recovered.Hlalele finds the Limpho's car a distance from his home, but its badly damaged. He calls Limpho that he has seen her car badly damaged, unfortunately Hlalele did not know that about the reward.Limpho thanks him and take the car for repairs.

The car is repaired and Limpho puts in on offer to sell for $350,000,Hlalele also learns about the reward and approaches Limpho to claim it; Limpho refused and said the car was recovered because the Pastor had prayed for it.

Selloane who happened to be a friend of Limpho offered to buy the car but did not have enough money so she asked Limpho to keep it until month end,she agreed and promised she will keep it for her. However Mookho offered to buy the car by $300,000 paying immediately. Limpho sold the car to Mookho. At the end of the month Selloane called to say she had $ 350,000 as agreed and was coming to take the car tomorrow, but Limpho told her the car had been bought by Mookho. The pastor also called Limpho to seek the donation, but Limpho has told him that she has sold the car and does not have for money for the donation.

Advise Hlalele about the prize money, Pastor about the donation, and Selloane about the car that is now sold.

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Accounting Basics: Limpho wins a lottery of 1 000000she decides to buy herself
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